Pope Francis Fires All Members of Vatican’s Financial Watchdog

iStock Editorial/Thinkstock(ROME) -- Pope Francis has fired all five members of the Vatican's Financial Information Authority, effectively ridding the watchdog board of “old guard” Italian appointees.

In their place, he’s appointed four new members, including Juan Zarate, the former security adviser to President George W. Bush.
Zarate hails from the Centre for Strategic and International Studies and was Bush's deputy national security adviser for counter-terrorism. He’ll now be part of the team to enforce transparency rules for Vatican finances.
The three other appointees include a female Italian manager, a male Swiss financial consultant and a male civil servant and entrepreneur from Singapore.

Copyright 2014 ABC News Radio

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